FEATURE
Time, technology, talent: The three- pronged promise of cloud ML Cloud ML appears to be the future of AI, and the future seems bright
Sudi Bhattacharya, Ashwin Patil, Jonathan Holdowsky, and Diana Kearns-Manolatos
THE DELOITTE CENTER FOR INTEGRATED RESEARCH Time, technology, talent: The three-pronged promise of cloud ML
Start with the business case, assess your data and model requirements, invest in the right talent, and be willing to fail fast to reap the maximum benefits from cloud machine learning.
S ORGANIZATIONS LOOK to use machine services, and platforms—including pretrained learning (ML) to enhance their business models and accelerators—that provide more Astrategies and operations, the retailer options for how data science and engineering Wayfair looked to the cloud. Wayfair believes what teams can collaborate to bring models from the lab so many other organizations seem to—that the to the enterprise. Indeed, because of all these cloud and the fully integrated suite of services it advantages, time, technology, and talent—which offers may give organizations the best approach to might otherwise serve as challenges to scaling create ML solutions with time to market, existing enterprise technology—comprise the three- resources, and available technologies. For its part, pronged promise of cloud ML (see sidebar, “The Wayfair pursued the cloud for its scalability—key measurable value of cloud ML”). for retailers with varying demand levels—as well as a full suite of integrated analytics and productivity The recognition of this potential has fueled rapid tools service offerings to drive actionable insights. growth: The current cloud ML market is estimated The results? Faster insights into changing market to be worth between US$2 billion and US$5 billion, conditions to save time. Immediate access to the with the potential to reach US$13 billion by 2025. most current ML technologies. And tools of What such growth says is that adopters are productivity that can drive efficient talent.1 increasingly realizing the benefits of cloud ML and that it is the future of artificial intelligence (AI). Indeed, ML is transforming nearly every industry, And with just 5% of the potential cloud ML market helping companies drive efficiencies, enable rapid being penetrated according to one estimate, the innovation, and meet customer needs at an community of adopters should only deepen across unprecedented pace and scale. As companies sectors and applications.2 increasingly mature in their use of ML, the heavy reliance on large data sets and the need for fast, To explore the potential cloud ML represents for reliable processing power are expected to drive the organizations looking to innovate, we conducted future of ML into the cloud. interviews with nine leaders in cloud and AI whose perspectives largely inform the content that follows. The well-known benefits of the cloud—including In this paper, we provide an overview of three modular, elastic, rapidly deployable, and scalable distinct operating models for cloud ML and offer infrastructure without heavy upfront investment— insights for executives as they seek to unlock the apply when bringing ML into the cloud. Cloud ML full potential of the technology. additionally introduces cutting-edge technologies,
2 Cloud ML appears to be the future of AI, and the future seems bright
THE MEASURABLE VALUE OF CLOUD ML In the 2020 Deloitte State of AI in the Enterprise survey, 83% of respondents said that AI will be critically or very important to their organizations’ success within the next two years. Around two- thirds of respondents said they currently use ML as part of their AI initiatives. And our survey suggests that a majority of these AI/ML programs currently use or plan to use cloud infrastructure in some form. Our additional analysis of the survey data for this research showed that cloud ML, specifically, drives measurable benefits for the AI program (figure 1) and generally improves outcomes as compared to nonspecific AI deployments:
• Forty-nine percent cloud ML users said they saw “highly” improved process efficiencies (vs. 42% overall survey results)
• Forty-five percent saw “highly” improved decision-making (vs. 39% overall)
• Thirty-nine percent experienced “significant” competitive advantage (vs. 26% overall)
Importantly, these data points showed that cloud ML tools appear to make a notable impact on longer-term, strategic areas, such as competitive advantage and improved decision-making, when compared to general AI adoption. This is an important distinction and shift in the approach organizations are taking to run their AI programs (away from on-premise AI platforms), and a trend that is expected to continue as cloud ML takes greater focus for global organizations.
The addition of low-code/no-code AI tools, which are part of some cloud ML service offerings, can extend these advantages with responses showing additional gains in decision-making, process efficiencies, and competitive advantage and other areas. For instance:
• Fifty-six percent of low-code/no-code cloud ML users said they saw “highly” improved process efficiencies (vs. 49% in cloud ML users vs. 42% overall)
• Fifty-four percent saw “highly” improved decision-making (vs. 45% in cloud ML users vs. 39% overall)
• Forty-nine percent experienced “significant” competitive advantage (vs. 39% in cloud ML users vs. 26% overall)
• Low-code/no-code cloud ML users saw additional gains in areas that general cloud ML users did not see with outcomes such as new insights and improved employee productivity, among others.
The emergence of low-code/no-code tools is part of a broader trend toward greater accessibility to cloud AI/ML solutions and a more diverse user community. These positive survey results suggest that this trend may only strengthen in the near to medium term.
3 Time, technology, talent: The three-pronged promise of cloud ML